Credit to the private sector in Northern Europe in 2024 — 105.13%. Since 2010, the indicator has fallen by 56.28 pp.
2010–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Northern Europe
| Year | % | Change, pp |
|---|---|---|
| 2024 | 105.13 | −3.92 pp |
| 2023 | 109.05 | −3.81 pp |
| 2022 | 112.86 | −9.93 pp |
| 2021 | 122.8 | −8.81 pp |
| 2020 | 131.61 | +8.97 pp |
| 2019 | 122.63 | −1.11 pp |
| 2018 | 123.74 | −0.62 pp |
| 2017 | 124.35 | −0.62 pp |
| 2016 | 124.97 | +0.67 pp |
| 2015 | 124.3 | −4.59 pp |
| 2014 | 128.88 | −9.28 pp |
| 2013 | 138.17 | −7.04 pp |
| 2012 | 145.21 | −5.51 pp |
| 2011 | 150.72 | −10.68 pp |
| 2010 | 161.41 | — |
Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.
Source: World Economic Outlook (IMF), license IMF open data.